T
Seller's Agent in 2021
Taylor McFadden
COLDWELL BANKER REALTY
(941) 803-7522
2 in this area
20 Total Sales
7150 N Tamiami Trail Unit C-118 Sarasota, FL 34243
Estimated Value: $92,000 - $108,000
1
Bed
1
Bath
348
Sq Ft
$483/mo
HOA Fee
Highlights
- 200 Feet of Waterfront
- Boat Dock
- Parking available for a boat
- Marina
- Marina View
- 1.34 Acre Lot
About This Home
As of December 2021This unique condo located at an exciting water front property is apart of the Sarasota Cay Club and is considered a condo-hotel. Centrally located off of US-41 near the SRQ airport and beautiful neighboring gulf beaches. This condo faces Tamiami trail. There is no minimum lease period which makes this ideal for an investment property. Rent the property nightly on airbnb and vrbo for maximum return on investment. Tiled flooring, coastal paint job, and some room to improve, make the possibilities to turn your own vision into your own welcoming property. Offered fully furnished making it easy to begin renting immediately! Your guests can unwind by the pool or enjoy the sights and sounds from the Sara Bay Marina and Tarpon Bay Grill & Tiki Bar located in the backyard. Oversized vehicles including RVs, boat trailers, and commercial vehicles welcome adding additional benefits to your tenants and guests. Marina slips are available for overnight boat docking as well. Say goodbye to utility bills because they are included in the monthly fees. Opportunity is knocking!
Last Agent to Sell the Property
COLDWELL BANKER REALTY License #3430123 Listed on: 10/27/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $585
Year Built
- Built in 1959
Lot Details
- 200 Feet of Waterfront
- Property Fronts a Bay or Harbor
- East Facing Home
HOA Fees
- $483 Monthly HOA Fees
Home Design
- Condo Hotel
- Fixer Upper
- Studio
- Slab Foundation
- Metal Roof
- Concrete Siding
Interior Spaces
- 348 Sq Ft Home
- 1-Story Property
- Bar Fridge
- Ceramic Tile Flooring
- Marina Views
- Microwave
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Parking
- Oversized Parking
- Common or Shared Parking
- Ground Level Parking
- Guest Parking
- On-Street Parking
- Open Parking
- Parking available for a boat
Outdoor Features
- Access To Marina
- Seawall
Utilities
- Mini Split Air Conditioners
- Heating Available
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Tax Lot 118
- Assessor Parcel Number 6697101459
Community Details
Overview
- Association fees include cable TV, community pool, electricity, escrow reserves fund, insurance, internet, maintenance structure, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
- Sara Cay Club Argus Property Association
- Visit Association Website
- Sarasota Cay Club Condo Subdivision
- On-Site Maintenance
Amenities
- Laundry Facilities
Recreation
- Boat Dock
- Marina
- Community Pool
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2021
Closed on
Dec 2, 2021
Sold by
Small Susan E
Bought by
Hospitality Properties Llc
Seller's Agent
Taylor McFadden
COLDWELL BANKER REALTY
Buyer's Agent
Michelle Musto
COLDWELL BANKER REALTY
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,475
Avg. Annual Appreciation
7.98%
Purchase Details
Closed on
Aug 13, 2014
Sold by
U S Bank National Association
Bought by
Small Susan E
Purchase Details
Closed on
Jul 23, 2014
Sold by
Young Jerry W
Bought by
U S Bank National Association
Purchase Details
Closed on
Feb 23, 2006
Sold by
Dc705 Jv Llc
Bought by
Young Jerry W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,600
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 5, 2005
Sold by
S Bay Development Llc
Bought by
Dc705 Jv Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hospitality Properties Llc | $75,000 | Clear Title America | |
| Small Susan E | $25,000 | Landcastle Title Llc | |
| U S Bank National Association | -- | Attorney | |
| Young Jerry W | $218,500 | Attorney | |
| Dc705 Jv Llc | $77,700 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Young Jerry W | $196,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2021 12/02/21 | Sold | $75,000 | -11.8% | $216 / Sq Ft |
| 11/22/2021 11/22/21 | Pending | -- | -- | -- |
| 10/27/2021 10/27/21 | For Sale | $85,000 | -- | $244 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,590 | $75,468 | -- | -- |
| 2024 | $1,590 | $118,150 | -- | $118,150 |
| 2023 | $1,312 | $81,600 | $0 | $81,600 |
| 2022 | $1,095 | $56,700 | $0 | $56,700 |
| 2021 | $588 | $27,000 | $0 | $27,000 |
| 2020 | $585 | $27,000 | $0 | $27,000 |
| 2019 | $562 | $27,000 | $0 | $27,000 |
| 2018 | $471 | $17,500 | $0 | $0 |
| 2017 | $464 | $21,200 | $0 | $0 |
| 2016 | $433 | $18,500 | $0 | $0 |
| 2015 | $234 | $13,500 | $0 | $0 |
| 2014 | $234 | $4,801 | $0 | $0 |
| 2013 | $221 | $4,001 | $1 | $4,000 |
Source: Public Records
Agents Affiliated with this Home
-
Taylor McFadden
-
Michelle Musto
Buyer's Agent in 2021
Michelle Musto
COLDWELL BANKER REALTY
(941) 809-3714
4 in this area
51 Total Sales
Map
Source: Stellar MLS
MLS Number: A4516231
APN: 66971-0145-9
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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